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Jan 3, 2013 4:30pm PST
. there's little hope for a better outcome this year. president obama has promised not to negotiate with the new congress on raisg the debt ceiling, but republicans are ready to use it to force major federal spending reforms and tame the national debt. right now, the u.s. owes $16 trillion, but some calculate our total liabilities much higher. and as congress jumps from small deal to small deal as they have been, analysts worry big problems are just getting bigger. >> $60 trillion is a conservative estimate of our unfunded liabilities of medicare social security, and medicaid put together. that's scary. and, the fact of the problem of $2 trillion solutions to $60 trillion problems, you see the occasion of the lack of problem and resolve of the political class here in washington. >> reporter: some also worry the down-to-the-wire theatrics of these fiscal debates in washington will overshadow other issues that need to be addressed, like education and immigration reform. issues that could be held hostage until the spending fights are over. sylvia hall, "n.b.r.," washington. >> tom: oth
Jan 4, 2013 1:00am PST
would leave as president obama and congress continue negotiating raising the nation's debt ceiling. geithner is the only remaining original member of president obama's economic team. the federal reserve is looking to end its bond buying programs this year, but there's no agreement as to when. minutes of the central bank's december meeting released today, show division among policymakers about when to stop the strategy. the federal reserve has been buying $85 billion worth of government mortgage-backed bonds per month in its effort to drive down long term interest rates. some on the fed want to stop, "well before the end of 2013." that sent stocks lower, the dow closed down 21 points, the nasdaq lost almost 12, and the s&p fell three points. >> susie: jobs were also a big topic for investors today. american companies stepped up hiring in december according to a private payrolls report. a.d.p. says 215,000 jobs were added to private payrolls last month, it also revised its november numbers higher. tomorrow we'll get a more complete picture of the job market when the government releas
Jan 4, 2013 8:00am PST
by president obama to the controversial national defense authorization act that disputes the law's restriction on transferring prisoners out of guantanamo. obama signed despite opposing limits on prisoner transfers. he made a similar claim when he signed last year's version of the bill but it still has not delivered on -- but still has not delivered on promises to close guantanamo. "the new york times" is criticizing a decision by time warner cable to stop carrying current tv after it was purchased by al jazeera. in an editorial it called the move unfortunate, saying it could block access to an important news source. time warner dropped current tv within hours of its purchase by al jazeera, saying, "we are removing the service as quickly as possible." but the distributor appeared to change course thursday following a wave of criticism saying it would keep an open mind about possibly carrying al jazeera in the future. but president al gore, who owned 20% of current tv, made $100 million off the sale. a california appeals court has overturned the rape conviction of a man who impersonated a sleep
Jan 3, 2013 11:00pm EST
there through february 18th. no. 1 tonight, 600 to 800,000 people are expected to fill the national mall to witness president obama's second inauguration later this month. organizers say that's fewer people than the 1.8 million in 2009, but some of those people who were simply overwhelmed by the 2009 crowds will see 2013 as a second chance to witness history and brian, that's a look at tonight's fox 5 top five. >>> got a nice dry stretch if you want to wash the car. >> you can absolutely do it. there will probably be a long line, but temperatures will be on the cool side the next couple days. maybe next week we can push our way toward 50 degrees, not bad at all for january. let's look at what's going on out there tonight. what's going on out there is a big drop in temperatures as we did last night. we're likely going to see some places bottoming out in the upper teens. we certainly had a cold start today, too. we didn't hit 40 degrees in the district. 38 degrees was our high. it was only 25 for the high temperature in boston. so real cold up here through the northeast, buffalo coming in
Jan 3, 2013 9:00pm PST
effort to meet requirements of the nation health care reformula. obama administration today approved the state plan to run its own health insurance market. on line base marketplace is called covered california and allows to you buy private medical coverage. federal subsidy available for low middle income californians to help pay for this mandated coverage. >> you will get as good or better price through covered california whether you gate subsidy or not as you possibly get if i where in the market. >> good price but good coverage. >> great coverage. >>reporter: state hopes to cover two million uninsured californians through this exchange. covered california officials hope to begin enrollment in october and provide coverage beginning in january of next year. year from now. >>> abc news investigation has found that a number of college football players across america have been given a powerful pain killer that is known to cause heart attack and strokes. drug is culled tore doll and one bay area university admits to giving those injections to the players. lee ann has the stor story
Jan 4, 2013 12:30am PST
. and as we have been not only responding, reacting to this national tragedy that i think president obama has adequately described as broken all of our hearts, and in every funeral that has taken place, for those 20 innocent children and six innocent adults in the school districts, and school administrators, we obviously have shared in that very tragic event, all of us. it has touched everybody across this country. san francisco is no different. and i have shared that emotional experience with the supervisor and everybody here, in our law enforcement, and in our health department as well. the question for us, then, is what do we do about it? and not only can we share in this tragedy and signal our sympathies to the families as we've done, but we've got to do something more. and this is where i want to make sure i recognize all of the people that are in that effort of doing something about it, including the officials in san francisco. and some have been at this longer than others to try to do something about it, have reached limitations. yet again, i think this tragedy at sandy hook reminds us
Jan 4, 2013 10:30am PST
implementation related to aging and disability services across the nation [unintelligible] across the department of health and human services until now. the obama administration, as well as secretary sebelius, have long been committed to promoting community living and finding new means to help ensure that we support the seniors and people with disabilities and making sure the committee is accessible. approximately three years ago, our nation commemorating the 10th anniversary of the homestead decision. in this time, president obama launched the community living initiative on june 22, does a 9 to reaffirm the administration's commitment -- 2009 and to reaffirm the administration's commitment for americans with disabilities and ensuring the full inclusion of all people in our nation. on the very same day, secretary sebelius set up an interagency coordinating council led by assistant secretary cathy green lake, as well as the director of the office of disability, henry klebold, to look at solutions that address various community living. and to give people more control over their lives and the suppo
Jan 4, 2013 6:00pm EST
on a nominee. this is the second time in recent weeks that a potential high-level obama administration nominee has come under fire. last month, united nations ambassador susan rice withdrew her name as a potential nominee for secretary of state. she'd come under fierce republican criticism over public statements she made about the attack on the u.s. consulate in benghazi, libya. hagel has run into stiff opposition from senate republicans. he alienated many of them when, as a senator, he criticized the iraq war after voting for it, initially. >> we're beyond disarray. we're beyond division. we've got anarchy and very clearly defined tribal sectarian civil war in iraq. that's happening right now. but, most important, those men and women that we ask to fight and die, they deserve a policy worthy of their sacrifices. they, in my opinion, do not have that policy today. >> suarez: on "fox news sunday" last weekend, south carolina senator lindsey graham made clear that republicans have not forgotten or forgiven. >> i can tell you there would be very little republican support for his nomination. at th
Jan 4, 2013 3:00pm PST
in recent weeks that a potential high-level obama administration nominee has come under fire. last month, united nations ambassador susan rice withdrew her name as a potential nominee for secretary of state. she'd come under fierce republican criticism over public statements she made about the attack on the u.s. consulate in benghazi, libya. hagel has run into stiff opposition from senate republicans. he alienated many of them when, as a senator, he criticized the iraq war after voting for it, initially. >> we're beyond disarray. we're beyond division. we've got anarchy and very clearly defined tribal sectarian civil war in iraq. that's happening right now. but, most important, those men and women that we ask to fight and die, they deserve a policy worthy of their sacrifices. they, in my opinion, do not have that policy today. >> suarez: on "fox news sunday" last weekend, south carolina senator lindsey graham made clear that republicans have not forgotten or forgiven. >> i can tell you there would be very little republican support for his nomination. at the end of the day, there will be
FOX Business
Jan 3, 2013 7:00pm EST
that obama lost, there is more than one perspective on this. >> that is why we want yours, i look at $4 trillion added to the national debt. >> you know why? because of the -- most of the higher tax rates, on new year's morning were repealed. and the measurement on national debt dates from 1 12:01 in the morning when tax rates were supposed to go back, you like tax cuts you think they help the economy, before there was too much worry about how that came about, it is not because that bill added a lot of trek extra spending. lou: i am worried about a speaker in the republican party that allowed himself to be maneuvered again. and comprehension consequences of public policy choices they make, they call this responsible governance, they are the same party going after democrats in their judgment. the democrats are irresponsible and fiscally imprudent, i cannot find a wit a world of difference in the two out comes from the two parties. >> well, let me say a couple things. therefore a mistake that had to did with the negotiations, i don't believe it of made in the course of this latest round.
Jan 4, 2013 5:00pm EST
. >>> a national day of service will be part of president obama's second inauguration. organizers plan to set up a tent on the mall where you can find information on nearly 100 charitable and community service groups. this is video from the day of service preceding the president's first inauguration. the all day fair on january 19th will feature speakers and some musical groups. visitors can volunteer that day and organizers hope pledge their volunteer services for the year ahead. >>> we also know more about metro's plan for the big inauguration. metro rail will be open from 4 a.m. monday the 21st until 2 a.m. tuesday. peak fares will be in effect between 4 a.m. and 9 p.m. the archives, mount vernon square and smithsonian stations may close. >>> they held a joint session of the 113th congress this afternoon and lawmakers there were counting up the electoral votes from the november presidential election. wait for. it president obama was the winner, but much of the outcome of the new congress' business is a lot less certain. joining us now from here in washington is the most of cbs news' face the
Jan 4, 2013 12:00pm EST
and an additional line included. verizon. >>> we're few weeks away from the second inauguration of president obama. his first inauguration drew more than 1 million people, but his second swearing in ceremony is not expected to be that bismght roughly 800,000 people are expected to be on the national maw. meanwhile a prince george's county is getting a special contract. hargrove will be the special contractor to create folks for the inaugural parade and staging of the inaugural ball. >>> we also know more about metro's plans. metro will be hope open from 4 a.m. monday the 21st until tuesday. peak fares will be in effect and the archives mt. vernon square and smithsonian stations may close. >>> those who are excited and looking forward to inauguration souvenirs have a new place to shop. the president's inaugural team opened an online souvenir store yesterday. it carries everything from posters to champagne flutes. a brick and mortar store will open a few blocks from the white house next friday. >>> coming up next, howard will be here with the forecast. >> and jc larks cold start to the -- a cold sta
Jan 4, 2013 7:30am EST
of their school mates and six adults. the attack prompted president barack obama to push for tighter gun control. he suggests he wants to ban assault rifles and strengthen background checks. a recent poll suggests many americans still oppose a ban on the sale of assault rifles. the national rifle association carried weight across capitol hill and many republicans too are against further restrictions. >>> al jazeera has set its sights on one of the world's biggest tv markets, the united states. the satellite television network has acquired a cable channel founded by former u.s. vice president al gore. al jazeera is buying current tv. gore and a partner launched the network in 2005. it's available to about 60 million households. the government of qatar owns al jazeera. executives hope to double the number of their employees in the u.s. to more than 300. al thani believes al jazeera can make an important contribution to u.s. al jazeera launched its english news channel in 2006. it gained international attention forgoing behind the scenes during the iraq war. reporters asked tough questions about u.
Jan 4, 2013 4:00am PST
has launched rockets as the war intensified. >>> president obama wants to you take part in his re-election celebration. inaugural committee releasing new details in the 2013 inauguration. >> in washington, d.c., one of many locations, participating in the national day of service. >> the committee has leased this new video here about events you can participate in on this national day of service during the inaugural weekend. it is a tradition the obamas started back in 2009. also supreme court justice sonja sotomayor will become the first latina to take part in a swearing in ceremony. scheduled to administer the oath of office for vice president joe biden. >>> secretary of state hillary clinton is raring to go, according to a state department spokesperson. she is scheduled to return to work next week after a slew of medical problems. she plans to testify on the deadly terrorist attack on the u.s. mission in benghazi and they are working out a date with the senate foreign relations committee. >>> a big step for the children of sappedy hook elementary in newtown, connecticut. they boa
Jan 4, 2013 4:00pm EST
ham." it follows her in her 20s. >>> that dress custom made for michelle obama is now available for you. the first lady's team chose that pink floral silk dress for her to wear at the democratic national convention. reece announced she would be mass producing it. now fans can buy it for $398. congress democrat woman nancy pelosi will be appears on "30 rock." the minority leader tells "the washington post" she was flattered to be asked to appear. al gore, former secretary of state condoleezza rice, new york mayor michael bloom better have all played themselves on the show. no word if pelosi will play herself or another character. >>> it's officially awards season in hollywood with the golden globes up first next sunday night. while a quiet time at the box office this time of year, there's still a lot to look forward to in the coming months. rafael seth has our box office preview. >>> a chain saw maniac is on the loose in "texas chain saw 3d" it continues the story of the 1974 horror classic. next week it's old-time cops and robser in "gangster squad." they go up against a mob bos
Jan 4, 2013 7:00am EST
for federal spending expires, and the nation reaches the debt ceiling limit. but it looks like president obama will be going into this fight with a new treasury secretary. treasure secretary timothy geithner, a major player in the budget and the debt ceiling has made it clear he wants out after the inauguration. a treasury official says treasury secretary geithner had previously stated he plans to be around until the inauguration. he told the president he wanted to leave in mid-2011. he stayed through the november re-election at president obama's request but has made no secret of his intention to leave before the next round is complete. >> have you agreed to stay until march or april? >> i have agreed to stay until mid-january. and i think the president is going to have a successor in place who can serve him for four years. >> reporter: it comes as the white house faces huge fiscal challenges in the next three months and republicans in congress are battling over spending cuts and entitlement reform. >> the big battle is yet to come, and it's over the debt ceiling. >> reporter: in late february
FOX News
Jan 3, 2013 4:00pm PST
he wants to go and what the obama administration says about it. plus, john boehner holds on to the speaker's gavel. >> jon: new year, new congress. >> the chair will administer the oath of office. >> the nation's lawmakers today sworn in at ceremonies on capitol hill. but serious divisions remain, including some potential cracks within the republican party. tonight. the house speaker's difficult road ahead after the fiscal cliff. and tomorrow's promised vote on aide for victims of super storm sandy. plus, the students of sandy hook elementary head back to school for the first time since last month's massacre in newtown. >> they wanted to see their teachers and they just want, like we all want, normalcy. >> jon: across the line in new york, a legal battle is brewing over a newspaper's controversial request to publish the names of gun permit holders. tonight, a county clerk stands his ground. >> that's seriously not even funny. >> dramatic winter rescue after a half dozen people fall into a frozen lake. i'm jon scott in for shepard smith. house speaker john boehner hangs on
Jan 4, 2013 11:00am EST
workers. their first pay raise in two years. in 2010, president obama signed an executive order freezing pay but that expires march 27th. that's when federal civilian workers could see a .75 bump. working capitol hill could prevent it. congress has yet to negotiate the national debt limit and spending cuts. language in the could extend the current pay freeze beyond the time. >> did you say freeze? >> i got out and walked in spite of -- >> you're always walking. >> walking, running. >> great, good for you. you get your body moving and your blood starts flowing and you warm up. even though temperatures were well blows freezing this morning we've warmd up with the sun out here locally but where the clouds remake it's still freeze ppg there's still snow on the ground. in is in northern montgomery county with watches of snow in some protected areas there. post your pictures to weather at we'll share them and you can follow me on twitter and like on facebook and we'll share them there, too. there's a washington site now on this friday, the 4th day of january. look at the was
Jan 4, 2013 3:00pm PST
of president bush on vacation. watch this, abbey and joe. >> we must stop the terror. i call upon all nations to do everything they can to stop these terrorist killers. thank you. now watch this drive. >> all right. >> now, can you imagine, joe madison, president obama talking about something as serious as terrorism and then almost appear to be mocking it by saying watch this basketball shot? >> man, you and your staff are good. i mean, that's one i missed. >> you can't make that up. you can't make that up. >> you cannot make that up. let me put this in context and i'll use nancy reagan. and i saw this quote. nancy reagan said presidents don't get vacations. they just get a change of scenery. the job goes with them. all the pressure and everything. every republican knows that. and to rush limbaugh, i just have two words. jack squat. i mean, that's as simple as that. and the same thing with the folks over at the other network. they know that. and you hit it -- look, eisenhower, nobody played golf more than eisenhower did. >> well, you're exactly right. reagan used to get a lot of -- reagan use
Jan 4, 2013 7:00am PST
. >> in national news chief justice john roberts will swear in president barack obamas for a second term later this month. >> theial inaugural committee says roberts will administer the oath of office at the white house on january 20th as required and the constitution. >> says that is a sunday, roberts also the swearing in at a public inaugural ceremony 10 or 21st at the u.s. capitol. >> supreme court justice sonia sotomayor will swear in vice president joe biden. >> the state department says secretary of state hillary clinton plans to return to work next week after being treated for blood clot in her head. >> mrs. clinton is resting at home this morning. a spokeswoman said she is " sounded terrific, upbeat and bring to go. >> a rare day is been been set for return to washington next week. >> doctors expect mrs. clinton met for recovery and have advised her to avoid international travel. >> if the federal government has approved california plan to run its own health- insurance market. >> a milestone in the state effort to meet requirements of the national health care reform law. >> california
Jan 4, 2013 12:00pm EST
in these national races is really, really hard. i remember the day that obama -- we were leaving denver after the convention of 2008, and we learned that on the plane mccain had chosen sarah palin. so i go to the front of the plane, senator biden is up there, the newly designated vice presidential candidate, and i told obama what had happened and he said yeah i wonder why he did that and he goes through all the permutations. and he says you know what, i think i reasonably smart. and he said it took me like six months to figure out how to be a presidential candidate, how to deal with the spotlight and this national politics. he said she may be the smartest politicians effort and she may be able to come out of alaska after a year and a half and handle all of this but i give it three weeks and then we will know if this is real. three weeks to the day she did her interview with katie couric, literally today that effectively ended it for her. i thought they might make a conservative jurist to pick someone that had at least a taste of the national stage or -- and this was more of a consensus on the
Jan 3, 2013 4:00pm PST
incredibly cooperative with the government. >> some of the nations top c.e.o.s urging washington to avoid the fiscal cliff. they were meeting with president obama. >> i think you'll start to see the president exercise some more leadership here and be more out front on everything, getting across that point about how we need to work together. >> the business round table, a lobbying group of the countries c.e.o.'s began running print radio and web spots for democrats and republicans to set aside their differences. >> why do they want to raise taxes a little bit for the top bracket? because in the deal, it turns out, they were given an incredible tax break in so many areas. led me start small. nascar lobbied, $300,000 worth and international speedway corporation spent 1.1 million. the loophole they got in return gives them $141 million through 2007. you might spend $1.1 million too if you would get that back. hollywood, huge donor to the democratic party got a loophole, $150 million worth. give a little bit of money to the democratics, you get a lot more money back. usually to the republicans
Search Results 0 to 25 of about 26 (some duplicates have been removed)